KZL 0.00% 12.0¢ kagara ltd

Hi BoondockAs I understand AUD going up is bad for all exporters...

  1. 3,782 Posts.
    Hi Boondock

    As I understand AUD going up is bad for all exporters and companies with most of their earning in foreign currencies.

    Just have to hope prices of commodities KZL exports also go up at the same rate or better.

    I think the main reason for AUD going up is due to USD decline and generally prices of commodities are in USD.

    Cheers

    Confucius said: Man who runs behind a Bus gets thoroughly exhausted LOL
 
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